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Bitcoin rebounds above $64,000 as U.S. inflation eases to 3.4% in July, keeping Fed rate outlook steady

Market News
12 Aug 2026
Crypto news
View Source
Bullish
Bitcoin rebounds above $64,000 as U.S. inflation eases to 3.4% in July, keeping Fed rate outlook steady

Bitcoin rose to around $64,100 after U.S. inflation data showed the Consumer Price Index (CPI) increased 3.4% annually in July, slightly easing from 3.5% in June. The inflation report matched market expectations, leading traders to largely maintain their view that the Federal Reserve will keep interest rates steady in September. Analysts noted that without a strong inflation-driven catalyst, Bitcoin's price will now be more influenced by ETF flows, liquidity, and derivatives positioning. The market is awaiting the upcoming Producer Price Index (PPI) data for further inflation signals that could affect Fed policy and crypto prices.

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Pepe Coin jumps 48% in a week, hitting $0.000005 with a 425% surge in trading volume.

Pepe Coin jumps 48% in a week, hitting $0.000005 with a 425% surge in trading volume.

Pepe Coin (PEPE) surged above $0.000005, rising nearly 48% over the past week amid a strong rally in the meme-coin market and broader crypto gains. Trading volume spiked over 425% to $1.56 billion, pushing PEPE's market cap to about $2.1 billion. The...

Technical Signals
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Bitcoin trades near historically undervalued zone, signaling potential accumulation ahead of October 2026.

Bitcoin trades near historically undervalued zone, signaling potential accumulation ahead of October 2026.

The Bitcoin Rainbow Chart shows Bitcoin trading just above its lowest valuation band, labeled "Bitcoin is dead," at around $86,128 as of now. This suggests Bitcoin remains in a historically undervalued area, indicating bearish sentiment and potential...

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Neutral
4 hours ago
Crypto market cap tops $3T as Bitcoin nears $87K, driven by Treasury bond buybacks and $1B ETF inflows

Crypto market cap tops $3T as Bitcoin nears $87K, driven by Treasury bond buybacks and $1B ETF inflows

The total cryptocurrency market capitalization surpassed $3 trillion on September 22, 2026, fueled by a U.S. Treasury move to expand long-dated bond buybacks and nearly $1 billion in Bitcoin ETF inflows. Bitcoin led the rally, reaching nearly $87,000...

Market News
Bullish
4 hours ago
$51M worth of Bitcoin dormant for 14 years moves amid recent price surge

$51M worth of Bitcoin dormant for 14 years moves amid recent price surge

Over $51 million worth of Bitcoin, untouched for 14.2 years, has recently moved following a significant price breakout in the crypto market. This Bitcoin, known as Satoshi-era Bitcoin, belongs to early holders who acquired it when prices were very lo...

Technical Signals
Bullish
5 hours ago
Bitcoin nears $86K as oil prices fall and stock markets boost risk appetite

Bitcoin nears $86K as oil prices fall and stock markets boost risk appetite

Bitcoin recovered from Asian-session lows to trade near $86,000, supported by falling oil prices and strong stock markets that boosted risk appetite. The drop in oil prices below $90 a barrel eased inflation concerns and reduced the likelihood of fur...

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